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2022
Exports $2.22MWorld Rnk 64 / 190
Flag Rnk 912 / 1204
2022
Destination $171k United States
2021 - 2022
FASTEST GROWING MARKET $171kUnited States
2022
PRODUCT COMPLEXITY IN Bedspreads-0.83Rnk 787 / 1025
2022
Imports $59.3MWorld Rnk 17 / 222
Flag Rnk 637 / 1213
2022
Origin $371k China
2021 - 2022
FASTEST GROWING ORIGIN $371kIndonesia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $2.22M in Bedspreads, making it the 64th largest exporter of Bedspreads in the world. At the same year, Bedspreads was the 912th most exported product in South Korea. The main destination of Bedspreads exports from South Korea are: United States ($645k), Philippines ($439k), Japan ($211k), Singapore ($139k), and China ($131k).

The fastest growing export markets for Bedspreads of South Korea between 2021 and 2022 were United States ($171k), Singapore ($92.5k), and Russia ($56.3k).

Imports In 2022, South Korea imported $59.3M in Bedspreads, becoming the 17th largest importer of Bedspreads in the world. At the same year, Bedspreads was the 637th most imported product in South Korea. South Korea imports Bedspreads primarily from: China ($51.4M), India ($3.26M), Vietnam ($1.57M), Indonesia ($424k), and Spain ($332k).

The fastest growing import markets in Bedspreads for South Korea between 2021 and 2022 were Indonesia ($371k), United States ($154k), and Turkey ($106k).

COMPANIES In 2023, leading companies such as IKEA Group (56) and At Home Procurement (5) were at the forefront of shipping Bedspreads from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Bedspreads exports accounted up to $231k and imports accounted up to $2.87M, resulting in a negative trade balance of $2.64M. Between September 2023 and September 2024 the exports of South Korea's   Bedspreads have increased by $32k (16.1%) from $199k to $231k, while imports decreased by $-35k (-1.2%) from $2.91M to $2.87M.

Destinations In September 2024, Bedspreads were exported mostly to Uruguay ($68k), Japan ($60k), Hong Kong ($28k), Philippines ($19k), and United States ($17k), and were imported mostly from China ($2.48M), India ($170k), Vietnam ($67k), Netherlands ($35k), and Italy ($24k).

Growth In September 2024, the increase in Bedspreads's year-by-year exports was explained primarily by an increase in exports to China ($86k or 860%), United States ($57k or 814%), and Japan ($2k or 33.3%). In September 2024, the decrease in Bedspreads's year-by-year imports was explained primarily by a decrease in imports from China ($-986k or -30.9%), India ($-191k or -55.4%), and Spain ($-189k or -99.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$32k(16.1%)
IMPORT GROWTH (September 2023 - September 2024)$-35k(-1.2%)
MAIN DESTINATION (September 2024)Uruguay$68k

This section shows Bedspreads's exports and imports data at subnational level for South Korea. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Bedspreads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.22M
IMPORTS (2022)$59.3M
NET TRADE (2022)-$57.1M

In 2022, South Korea exported $2.22M in Bedspreads. The main destinations of South Korea exports on Bedspreads were United States ($645k), Philippines ($439k), Japan ($211k), Singapore ($139k), and China ($131k).

In 2022, South Korea imported $59.3M in Bedspreads, mainly from China ($51.4M), India ($3.26M), Vietnam ($1.57M), Indonesia ($424k), and Spain ($332k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bedspreads EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$171k (36.2%)
Singapore$92.5k (199%)
Russia$56.3k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bedspreads BY South Korea WERE (2021 - 2022):
China-$201k (-60.6%)
Japan-$103k (-32.8%)
Chile-$103k (-72.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Bedspreads were:
China $2.17B
India $1.12B
Turkey $216M
In 2022, South Korea's main importing competitors in Bedspreads were:
United States $1.11B
Germany $357M
France $226M

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Trade Value of Bedspreads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $583k
TOP IMPORT POTENTIALChina+ $6.14M

Bedspreads’s highest export potential is United States. With an export gap of $583k.   Bedspreads’s highest import potential is China with an import gap of $6.14M.

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